FederalNewsRadio.com - Purpose of Comments statement Click to show

Hubbard Radio, LLC encourages site users to express their opinions by posting comments. Our goal is to maintain a civil dialogue in which readers feel comfortable. At times, the comment boards following articles, blog posts and other content can descend to personal attacks. Please do not engage in such behavior here. We encourage your thoughtful comments which:

Have a positive and constructive tone

Are on topic, clear and to-the-point

Are respectful toward others and their opinions

Hubbard Radio, LLC reserves the right to remove comments which do not conform to these criteria.

You are reading comments on the story:

Onward to the next fiscal crisis. Actually, several of them, potentially. The New Year's Day deal averting the "fiscal cliff" lays the groundwork for more combustible struggles in Washington over taxes, spending and debt in the next few months.

So "fiscal cliff cuts would mean recession." Problem is, without cuts the debt rating of the U.S. goes into the can to below junk status. Debt is the problem, not cutting debts. Keynes said a "little debt is good." He did not say a "LOT of debt is GREAT!" That is what politicians translate Keynes into in order to get elected by people who have no idea what's going to hit them in 2013.

...term limits, the 'fiscal cliff' fiasco is it. Congress no longer votes for the good of the country, they vote solely to save their political lives. ..... Did the Founding Fathers really intend for members of Congress to be 'legislators for life'? After the latest round of redistricting, most members of Congress only re-election concerns are over ideological 'purity' challenges from within their own parties. ..... The Presidency is term-limited to 8 years. 12 years should be more than enough for Congress. Two Senate terms, six House terms, or any combination that equals 12 years. ..... Enough is enough. The time is now.

"Obama favors $1.6 trillion in higher taxes over the next decade, in part by allowing existing cuts to expire on Dec. 31 on higher incomes"
what we fail to acknowledge is that "higher incomes" = anyone that is still working, and "$1.6 trillion" really means almost $5 trillion over the next decade. These are numbers that should be reserved for astronomers!
Don't worry "folks", that is our grand-kid's problem, party on!